Welcome
To The Women's Microfinance Initiative
Mission: WMI's mission is to work with village-level organizations to provide working capital to women in the lowest income brackets so that they can engage in income producing activities.
Goal:
WMI's Goal is to help women build assets so that they can stabilize their
income, raise their standard of living and reorient themselves and their
families.
WMI makes small loans to impoverished women in developing nations, who use the money to build small businesses. With pro bono legal assistance from the law firm of Baker & McKenzie in New York, WMI issued its first microloans in January 2008. As of January 2009, WMI has issued a total of 260 loans in ten villages. Focusing its efforts in rural Uganda, the WMI loan program is run entirely by local village women
Click here to see the 2008 ANNUAL REPORT
Update: See a slideshow (pdf) of the highlights from the January 2009 loan round, where 100 loans were issued.
Update: see a slideshow of the highlights of the July 2008 loan issue.
Check out
: a
presentation (pdf) of the
program launch in Buyobo, Uganda in January 2008.
